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New 1+1 bedroom flat in the Marquesa Palace building, in the historic centre of downtown Porto
Porto, Porto, Portugal
REF: 904210
€524,000
Description
New 1+1 bedroom flat in the Marquesa Palace building, in the historic centre of downtown Porto. The air-conditioned apartments feature double-glazed windows, fully equipped kitchens and can be purchased fully furnished. With large areas and lots of light, the apartments have a modern and functional design, adapted to the needs of use and comfort of a cosmopolitan and sophisticated life. Most of the apartments offer fantastic views over the iconic city of Porto. The use of premium materials and finishes add comfort, modernity and charm. The Promoter will provide the client with the possibility of management services - the apartments have the possibility of coming with guaranteed profitability; The managing entity may be responsible for all expenses including maintenance, condominium, water, electricity, internet, television and insurance, among others. The building is located in the oldest part of the city of Porto, right next to the emblematic São Bento station and the elegant Dom Luís I Bridge. With a vast network of transport, restaurants, supermarkets and schools at your disposal. Energy Rating: B- #ref:SF645_B
New 1+1 bedroom flat in the Marquesa Palace building, in the historic centre of downtown Porto. The air-conditioned apartments feature double-glazed windows, fully equipped kitchens and can be purchased fully furnished. With large areas and lots of light, the apartments have a modern and functional design, adapted to the needs of use and comfort of a cosmopolitan and sophisticated life. Most of the apartments offer fantastic views over the iconic city of Porto. The use of premium materials and finishes add comfort, modernity and charm. The Promoter will provide the client with the possibility of management services - the apartments have the possibility of coming with guaranteed profitability; The managing entity may be responsible for all expenses including maintenance, condominium, water, electricity, internet, television and insurance, among others. The building is located in the oldest part of the city of Porto, right next to the emblematic São Bento station and the elegant Dom Luís I Bridge. With a vast network of transport, restaurants, supermarkets and schools at your disposal. Energy Rating: B- #ref:SF645_B
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Currency Exchange
Porto, Porto, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €524,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €524,000 | £434,034 | £450,352 | £16,317 |
| Property Price € | €524,000 |
| Minimum cost in the last six months | £434,034 |
| Maximum cost in the last six months | £450,352 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,317 |
Porto, Porto, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €524,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €524,000 | £434,034 | £450,352 | £16,317 |
| Property Price € | €524,000 |
| Minimum cost in the last six months | £434,034 |
| Maximum cost in the last six months | £450,352 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,317 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £16,317 more.
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